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PT WEHA Transportasi Indonesia Tbk (ISX:WEHA) Beta : 1.58 (As of Dec. 15, 2024)


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What is PT WEHA Transportasi Indonesia Tbk Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), PT WEHA Transportasi Indonesia Tbk's Beta is 1.58.


PT WEHA Transportasi Indonesia Tbk Beta Historical Data

The historical data trend for PT WEHA Transportasi Indonesia Tbk's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PT WEHA Transportasi Indonesia Tbk Beta Chart

PT WEHA Transportasi Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.20 1.27 1.34 1.26

PT WEHA Transportasi Indonesia Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 1.26 2.02 2.15 1.30

Competitive Comparison of PT WEHA Transportasi Indonesia Tbk's Beta

For the Railroads subindustry, PT WEHA Transportasi Indonesia Tbk's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT WEHA Transportasi Indonesia Tbk's Beta Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT WEHA Transportasi Indonesia Tbk's Beta distribution charts can be found below:

* The bar in red indicates where PT WEHA Transportasi Indonesia Tbk's Beta falls into.



PT WEHA Transportasi Indonesia Tbk Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


PT WEHA Transportasi Indonesia Tbk  (ISX:WEHA) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


PT WEHA Transportasi Indonesia Tbk Beta Related Terms

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PT WEHA Transportasi Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Husein Sastranegara No. 111, RT.5/RW.8, Rawa Bokor, Kec. Benda, Banten, Tangerang, IDN, 15125
PT WEHA Transportasi Indonesia Tbk is an Indonesia-based transportation company. It is engaged in ground public transportation, covering passenger transportation and freight services. The company's operating segment includes Public Transportation, Passengers transportation, Tour packages, and Others. The company generates maximum revenue from the Public Transportation Services segment.

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